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This paper proposes a framework for assessing fiscal sustainability in heavily indebted countries...

This paper examines the issue of whether countries can improve their welfare by coordinating...

This paper examines how the macroeconomic effects of capital controls vary depending on which...

The effects of unanticipated movements in global risk on nine emerging bond markets are...

The paper provides a general-equilibrium model where incomplete international financial markets...

This paper explores the effectiveness of the Central European Free Trade Area (CEFTA) and the...